The bank offers several credit card options ranging from premium travel cards like the Capital One Venture X Rewards Credit Card to no annual fee cash back options such as Capital One Quicksilver Cash Rewards Credit Card. You may be most familiar with Capital One’s credit cards, though. Other ProductsĬapital One is a large financial institution with plenty of products and services beyond its online banking division, including auto loan financing and banking for small businesses. There’s no minimum to open your account, but you must make a deposit within 60 days to keep the account open. ATM withdrawals are limited to $1,000 daily. You’ll receive a Mastercard debit card for transactions and withdrawals, and can also order paper checks via your online account - and get your first checkbook free. There are no monthly fees, but you may incur fees for certain activities, including cashier’s checks, wire transfers, stop payments, and more. You won’t earn as much as you can with savings products, but you can earn slightly more than you would with a traditional checking account. The online checking account option from Capital One is an interest-bearing account. For CDs with terms of 12 months or less, the penalty is equal to three months worth of interest, and for CDs with terms longer than 12 months, you’ll pay six months’ interest. If you withdraw from your certificate of deposit early, you’ll pay a penalty. There’s no minimum deposit required to open a CD with Capital One, which can be helpful if you’re not starting with a large sum. #Capital one phone number to wire money fullRemember, CDs have a fixed interest rate for the full length of the term you lock in upon opening, which you’ll earn when it reaches maturity. You can choose between terms ranging from six months to 60 months. Certificates of DepositĬapital One has only traditional CD options, but they all come with solid interest rates. It has a lower APY, no fees or minimums, and allows parents to transfer money from their own accounts. However, there’s no ATM option, no debit card or checks, and Capital One limits six transactions per month to or from your account.Īnother unique savings option from Capital One is its Kids Savings Account, which parents or guardians can open jointly with children under age 18. For transfers and withdrawals, you can make electronic transfers between Capital One accounts or outside bank accounts, and automate regular transfers. It consistently offers a very high APY among savings accounts, though it’s not quite at the highest point on our list of best savings rates.Ĭapital One allows you to open multiple Performance savings accounts for different savings goals, which you can access under a single account. Savings AccountĬapital One’s 360 Performance Savings has no minimum deposit or balance requirement, and charges no monthly or maintenance fees to keep your account. And the bank’s checking account option is unique among many other online banks, especially since it earns interest on your balance, too. Its competitive high-yield savings and wide range of CD terms are both great choices. Capital One Bank Full ReviewĬapital One has plenty of accounts for full-service banking, but it does lack the variety of some other banks we’ve reviewed. For more information about our scoring methodology, click here. We analyze and review banks without influence of partnerships or advertising relationships.
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